Analysts Offer Insights on Financial Companies: Dynex Capital (DX), Offerpad Solutions (OPAD) and DigitalOcean Holdings (DOCN)

Stock Market

Companies in the Financial sector have received a lot of coverage today as analysts weigh in on Dynex Capital (DXResearch Report), Offerpad Solutions (OPADResearch Report) and DigitalOcean Holdings (DOCNResearch Report).

Dynex Capital (DX)

JMP Securities analyst Trevor Cranston reiterated a Hold rating on Dynex Capital today. The company’s shares closed last Tuesday at $16.67, close to its 52-week low of $16.45.

According to TipRanks.com, Cranston is a 4-star analyst with an average return of 10.8% and a 57.1% success rate. Cranston covers the Financial sector, focusing on stocks such as ARMOUR Residential REIT, Western Asset Mortgage, and Ellington Financial.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Dynex Capital with a $18.00 average price target.

See Insiders’ Hot Stocks on TipRanks >>

Offerpad Solutions (OPAD)

In a report released today, Andrew Boone from JMP Securities reiterated a Buy rating on Offerpad Solutions, with a price target of $12.00. The company’s shares closed last Tuesday at $6.97, close to its 52-week low of $6.27.

According to TipRanks.com, Boone is a 1-star analyst with an average return of -4.5% and a 28.3% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Zillow Group Class A, and Uber Technologies.

Currently, the analyst consensus on Offerpad Solutions is a Moderate Buy with an average price target of $11.33.

DigitalOcean Holdings (DOCN)

JMP Securities analyst Patrick Walravens maintained a Buy rating on DigitalOcean Holdings yesterday and set a price target of $123.00. The company’s shares closed last Tuesday at $74.49.

According to TipRanks.com, Walravens is a 5-star analyst with an average return of 22.3% and a 62.2% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Duck Creek Technologies, and Qualtrics International.

DigitalOcean Holdings has an analyst consensus of Strong Buy, with a price target consensus of $116.44.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on DX:

Leave a Reply

Your email address will not be published. Required fields are marked *